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04/04/2016 Live Update

frankthetank
Posts: 106
Joined: Wed Aug 24, 2011 11:34 am

Re: 04/04/2016 Live Update

Post by frankthetank »

Any one else shorting the nice downward trend line on XLE? Seems the stocks aren't following oil prices down with the same velocity. Seems weird as the earnings are going to be extra bad for energy companies this first quarter.


Al_Dente wrote:10 day % straight no juice
some sectors plus junk bonds (lime dots)
Oil had been holding up SPY, and junk had been holding up IWM
As we lose these, does SPY have any reason to live?
Well, health (orange) is going bonkers and QQQ (black) is trying to hold steady,
so, as they say in real estate: rotation, rotation, rotation...
44ten day straight.png.png
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champix
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Re: 04/04/2016 Live Update

Post by champix »

I am not really convinced by my short signal.
This is ES future (continuous) on a daily basis. I think I will not play the short side currently.
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Cobra
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Re: 04/04/2016 Live Update

Post by Cobra »

looks like a breakdown is more likely. the problem is no time left today.
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KENA
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Re:

Post by KENA »

MrMiyagi wrote:
2547.png
Hi again MrMiyagi. This reminds me that I also got up PB on SQQQ (3x ) up to 45-47 on my 6 mo. chart a short time back.Getting ready to collect.
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Cobra
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Re: 04/04/2016 Live Update

Post by Cobra »


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brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 04/04/2016 Live Update

Post by brokebybernacke2 »

champix wrote:I am not really convinced by my short signal.
This is ES future (continuous) on a daily basis. I think I will not play the short side currently.
gonna play a short..
fehro
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Re: 04/04/2016 Live Update

Post by fehro »

brokebybernacke2 wrote:
champix wrote:I am not really convinced by my short signal.
This is ES future (continuous) on a daily basis. I think I will not play the short side currently.
gonna play a short..
holding early shorts from this am overnight. ;) possible 10 point gap down SPX .. crazy talk.. messy H&S target ..fwiw.. "IF" it goes..
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Cobra
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Re: 04/04/2016 Live Update

Post by Cobra »

well, guess that's it for today. Tuesday tomorrow has been a little bit bear friendly recently. thank you guys, I'll see you tomorrow.

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brokebybernacke2
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Re: 04/04/2016 Live Update

Post by brokebybernacke2 »

fehro wrote:
brokebybernacke2 wrote:
champix wrote:I am not really convinced by my short signal.
This is ES future (continuous) on a daily basis. I think I will not play the short side currently.
gonna play a short..
holding early shorts from this am overnight. ;) possible 10 point gap down SPX .. crazy talk.. messy H&S target ..fwiw.. "IF" it goes..
not crazy, me like, we WAY overdue...vix ripe
uempel
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Re: 04/04/2016 Live Update

Post by uempel »

Signal for Miyagi's powerhour didn't help much today. Dud.
mph.png
uempel
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Re: 04/04/2016 Live Update

Post by uempel »

Bullish Percentages less bullish than a few hours ago:

http://stockcharts.com/freecharts/candl ... BPENER|B|0
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MrMiyagi
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Post by MrMiyagi »

spy
spy
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champix
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Re: 04/04/2016 Live Update

Post by champix »

Really strange, but Miyagi's pbar would be 2065.25 on ES, that is exactely a 5 min gap we have since this morning on ES.
Coincidence ? well...
FI, there is a gap lower @ 2052 on ES.
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